Clean Coal Technologies Announces Receipt of Third $200,000 Payment Due under EPC Contract

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Clean Coal Technologies Announces Receipt of Third $200,000 Payment Due under EPC Contract

Clean Coal Technologies Continues to Implement Its Strategic Development Plans as Funds Go toward the Construction of 1:10 Scale Pilot Plant

NEW YORK--(BUSINESS WIRE)-- Clean Coal Technologies, Inc. (OTCQB: CCTC) (PINKSHEETS: CCTC), an emerging cleaner-energy company utilizing patented technology to convert raw coal into a cleaner burning and more efficient fuel, has confirmed the receipt of the third $200,000 payment from Good Coal PTE., Ltd., Clean Coal's joint venture with the Archean Group. This payment is due as part of the previously announced Engineering, Procurement and Construction ("EPC") contract.


"Clean Coal is pleased to announce the receipt of the third payment for the construction of our pilot plant," stated Robin Eves, Director, President and CEO of Clean Coal Technologies. "As we continue to take the necessary steps toward successful commercialization of our unique clean coal process, we look forward to keeping our investors and followers abreast of our developments. As such, we will be making future announcements when the funding level for the pilot pant reaches the $1.4 million and $2.4 million thresholds."

The third $200,000 payment by Archean Group to commence construction of the pilot plant is part of the full-value of the $2.4 million assured under the EPC contract. The 1:10 scale pilot plant in Oklahoma will help validate Clean Coal Technologies' patented process to create a cleaner burning fuel.

For more information on Clean Coal Technologies' unique cleaner-burning process and its applications in coal-fired plants, please visit: www.cleancoaltechnologiesinc.com/design.html

About Clean Coal Technologies, Inc.

Clean Coal Technologies, Inc., a cleaner-energy technology company with headquarters in New York City, NY, holds patented process technology and other intellectual property that converts raw coal into a cleaner burning fuel. The Company's trademarked end products, "Pristine™" coals, are significantly more efficient, less polluting, more cost-effective, and provide more heat than untreated coal. The principal elements of the Company's precombustion technology are based on well-proven science and tried-and-tested industrial components. The Company's clean coal technology may reduce some 90% of chemical pollutants from coal, including Sulfur and Mercury, thereby resolving emissions issues affecting coal-fired power plants.

For more information about Clean Coal Technologies please visit: www.cleancoaltechnologiesinc.com

Forward-Looking Statements

In addition to historical information, this press release may contain forward-looking statements that reflect the Company's current expectations and projections about future results, performance, prospects and opportunities. These forward-looking statements are based on information currently available to us and are subject to a number of risks, uncertainties and other factors that may cause actual results, performance, prospects or opportunities to be materially different from those expressed in, or implied by, such forward-looking statements. You should not place undue reliance on any forward-looking statements. Except as required by federal securities law, the Company assumes no obligation to update publicly or to revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available, new events occur or circumstances change in the future.



Company Contact:
Clean Coal Technologies, Inc.
Robin Eves, Director, President & CEO
646-710-3549
reves@cleancoaltechnologiesinc.com
or
Financial Communications Contact:
Trilogy Capital Partners
Darren Minton, President
212-634-6413
info@trilogy-capital.com

KEYWORDS:   United States  North America  New York

INDUSTRY KEYWORDS:

The article Clean Coal Technologies Announces Receipt of Third $200,000 Payment Due under EPC Contract originally appeared on Fool.com.

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